Glut Upends Market For Frac Sand
For the last six years, Kevin Bowen has made a good living selling sand to operators and oil-field service providers who use it to complete horizontal wells. It was a lucrative market tied to the…
Tagged: Oil&Gas
On the Road to UNITI Expo 2020
UNITI expo 2020, the leading European trade fair for the retail petroleum and car wash industries, will celebrate its fourth edition on May 26 – 28, 2020. The industry’s most international trade fair will return to…
Oxygenates, Metals Leaching Into U.S. Oil Supply Chain
The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top oil producer is causing a headache for some crude buyers, industry analysts say.
As various types of crude…
Loan Approved For LNG Plant
Venture Global LNG, a U.S. liquefied natural gas (LNG) export project developer, said it has secured a $220 million bridge loan from with Morgan Stanley Senior Funding Inc. and associated lenders. Proceeds will be used…
World Markets Racing For LNG
Liquefied natural gas (LNG) is playing an increasingly important role in the global energy mix, driven by its environmentally friendly characteristics, versatility and relatively cheap price. LNG is perceived as a transition fuel that can…
Gas Glut Creating Mixed World Market
Surging production of U.S. liquefied natural gas (LNG) and slower growth of demand in Asia this year could leave companies that have committed to long-term purchase contracts struggling to find markets, analysts say. Over the…
Consolidation Reshaping LNG Sector
The recent geographical developments in the liquified natural gas (LNG) industry are occurring at a time of consolidation. The $53 billion combination of Royal Dutch Shell and BG Group has created the world’s largest LNG…
Tri Tank Corp Stocking New Tank Trailers
Tri Tank Corp. has initiated a new aggressive strategy of stocking a large variety of new tank trailers, including but not limited to tri axle petroleum trailers and large barrel sanitary trailers. Their belief is…
EIA Seeks Input On Biofuel Reporting
The U.S. Energy Information Administration (EIA) is seeking public comments on several changes it intends to make within its Petroleum Supply Reporting System (PSRS), including those related to data collection on biofuels. In December, EIA…
Heating Oil Seeing ‘Renaissance’
The oil heating industry is entering a renaissance with a fuel that is cleaner, less expensive and more reliable than ever, Tom Santa, incoming chairman of the National Oilheat Research Alliance (NORA), told an industry…
